It is for the first time that Assam has awarded three of its “best performing” state level public sector undertakings (PSUs) The initiative is aimed at boosting performances...
Engineering giant Larsen & Toubro (L&T) acquired Malaysia-based electrical equipment manufacturer Henikwon Corporation. The acquisition was made by L&T’s wholly-owned subsidiary Tamco Switchgear, a part of the engineering...
Maruti Suzuki India Ltd and Suzuki Powertrain India Ltd have decided to enter into a merger. The merger will assist them manufacture and meet the mounting demand for...
Lashing out at global rating agencies for reducing credit outlook of Indian banks, the government held these bodies are fully capitalized and there is nothing to worry about...
SBI temporarily exceeded RBI-set credit exposure limit for the consecutive 4th year in 2011-12 in case of loans given to Reliance Industries Limited (RIL). It also infringed RBI’s...
SBI, India’s largest bank posted nearly 200-time increase in profit at over Rs 4,000 crore for January-March period. This is the highest ever quarterly profit in SBI’s history...
The Union Cabinet approved the proposal of the Ministry of Petroleum & Natural Gas to permit GAIL India Limited to ink the Gas Sale & Purchase Agreement (GSPA)...
The Petroleum Ministry disallowed the RIL’s (Reliance Industries Ltd) $1.24 billion cost recovery from its investment in the KG-D6 field, in the Krishna-Godavari (KG) basin. RIL has already...
Government to study the ONGC auction process before moving ahead with further stake sale of companies. With LIC (Life Insurance Corporation) coming to the rescue the last moment,...
Dassault Aviation bags India’s biggest ever military contract for supplying combat aircrafts to Indian Air Force French firm Dassault Aviation bagged India’s biggest-ever military contract. This contract is...
The PM has pioneered a move to speedup the growth and usage of Inland Waterways Transport involving the private sector and Public Sector Undertakings. The go-ahead will harness...
Al-Qaeda takes over Yemen city In Yemen, Al-Qaeda militants have taken over the city of Rada in the Southeastern Al Bayda province. They have named Tareq al-Dahab, a...
